This group primarily comprised individuals who bought BTC before and after the approval of the U.S. spot Bitcoin ETF in January.Source:www.usatoday.comThe realized price of Bitcoin for short-term holders (STHs) is increasing, indicating that the upward trend of BTC will likely continue, especially a

1. BTC Market TrendFrom June 6 to June 9, the BTC price swung from $68,629.74 to $71,885.26, a 4.74% range. Key points from the ECB interest rate decision and Lagarde’s press conference:Interest rate decision: The first cut in five years will remain sufficiently restrictive, with no commitment to th

Ethereum Spot ETF Issuers Anticipate SEC FeedbackTwo sources revealed that Ethereum spot ETF issuers are awaiting SEC comments after submitting initial S-1 form drafts on May 31. They expect a response this week. SEC Chairman Gary Gensler stated that approving the S-1 forms will "take some time," wi

As expected, the European Central Bank lowered interest rates by 25 basis points, adjusting the three principal rates to 4.25%, 3.75%, and 4.50% respectivelyThe European Central Bank cut interest rates by 25 basis points as expected, adjusting the marginal lending rate to 4.50%, the deposit facility

Spot Bitcoin ETFs in the United States continue to experience inflows for the 19th consecutive day, sparking inquiries from traders regarding the absence of a significant surge in Bitcoin's price. Despite this consistent flow, Bitcoin has struggled to surpass the $73,679 mark. Analysts suggest vario

BNB Chain activity and BNB derivatives point to a robust bull run, yet there seems to be limited potential for further upside.Source: ambcrypto.comOn June 6, BNB, the native token of the BNB Chain, hit an all-time high of $723 before correcting to $705. Despite this dip, BNB has surged by an impress

1. BTC Market TrendFrom June 3 to June 5, the BTC price swung from $67,580.2 to $71,765.85, a 6.19% range. The imbalance in the U.S. labor market continued to ease, with job vacancies in April falling below 8.1 million and the job vacancy to unemployment ratio dropping to 1.24, reaching the level of

On June 5, SEC Chair Gary Gensler indicated on CNBC that there might be delays in the approval process for spot Ether ETFs, highlighting the regulatory complexities that could affect their listing on U.S. exchanges. This announcement follows the SEC's initial nod on May 23 to 19b-4 filings from sign

Uncertainty surrounding regulations and unpredictable macroeconomic events might continue to dampen the potential for BTC price gains in the near future.Source: economictimes.indiatimes.comBetween June 2 and 5, Bitcoin saw a 5.9% increase, yet its climb stopped at $71,746. This rise was backed by al

'Rich Dad Poor Dad' Author Projects Bitcoin to Reach $350,000 by 2024On June 6, "Rich Dad Poor Dad" author Robert Kiyosaki forecasted on social media that Bitcoin could reach $350,000 by August 25, 2024. He stated that his announcement represents a personal prediction and viewpoint, framing the pote